Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Ibian]

How boring.

Hey, guys? You all know this was not even a 5% drop right? It's nothing.

[manselr]

My bet is ETF does not go thru. But most folk imho expect that. Thus again imho
It will drop $900 to $1000 at most and climb back up within a month.

Will have 5k to buy more about that time maybe.

If etf goes thru will still
Need to buy fast before on hell of a rise imho

So it's all 😊 Good!

What makes you think that? Im not sure what to do. I don't want to sell, only to wake up at the ETF having passed and feeling suicidal as the price goes into deep into the unknown space, and meanwhile all im holding is useless fiat trash.

I can't know what to do, because there is no way to know what will happen.

Odds are useless, anyone that saw Brexit happen and Trump becoming the president of the United States should know this already.

[machasm]

My bet is ETF does not go thru. But most folk imho expect that. Thus again imho
It will drop $900 to $1000 at most and climb back up within a month.

Will have 5k to buy more about that time maybe.

If etf goes thru will still
Need to buy fast before on hell of a rise imho

So it's all 😊 Good!

What makes you think that? Im not sure what to do. I don't want to sell, only to wake up at the ETF having passed and feeling suicidal as the price goes into deep into the unknown space, and meanwhile all im holding is useless fiat trash.

I can't know what to do, because there is no way to know what will happen.

Odds are useless, anyone that saw Brexit happen and Trump becoming the president of the United States should know this already.

Got to agree with you on that. The longer I spend time here the more I realise most people are just gambling!

[becoin]

I can't know what to do, because there is no way to know what will happen.

It doesn't really matter. There is a winning strategy both ways. Whatever happens hodl your bitcoins and prepare some extra cash to buy the dip if etf is rejected. Will be an excellent opportunity to buy cheap bitcoins.

[r0ach]

Are we rich yet?

[K~Ehleyr]

I can't know what to do, because there is no way to know what will happen.

It doesn't really matter. There is a winning strategy both ways. Whatever happens hodl your bitcoins and prepare some extra cash to buy the dip if etf is rejected. Will be an excellent opportunity to buy cheap bitcoins.

Absolutely!!  Bitcon isn't all about ETF, it will rise long term anyway based on its own merits.  Plus there are two other ETF applications in the SEC's approval queue  

[Torque]

Fact:
Insiders (and therefore the media) *always* know the outcome of something ahead of the Average Joe public. This is how they cheat the system. So they would already know if the COIN ETF was disapproved.

Hypothesis:
So if they already know it is disapproved, why in the last 2 weeks have the media gone into overdrive with the "it's unlikely to get approved" and "low chance of approval" and all the "warnings" and "risks" articles? Wouldn't their behavior be quite the opposite? (meaning no effort need to be expended)

I.E., they wouldn't need to expend so much effort to dissuade the public away from Bitcoin, if the disapproval was already known to them. Correct??  

[york780]

No, the media is almost everytime negative about bitcoin. The only 'insiders' you are talking about just cashed out. Some big fishes dumped their coins for fiat money. Thats my indicator for what the outcome of the COIN ETF will be.

[Torque]

No, the media is almost everytime negative about bitcoin. The only 'insiders' you are talking about just cashed out. Some big fishes dumped their coins for fiat money. Thats my indicator for what the outcome of the COIN ETF will be.

Mike Hearn, is that you? 

[r0ach]

No, the media is almost everytime negative about bitcoin. The only 'insiders' you are talking about just cashed out. Some big fishes dumped their coins for fiat money. Thats my indicator for what the outcome of the COIN ETF will be.

People running the Bitfinex bucketshop trading on their own exchange have no inside knowledge of ETF approval, so those people buying or dumping doesn't really tell you anything.  People who are leveraged also cut and run with the profits they already accumulated even in a 50/50 approval/rejection scenario.

[European Central Bank]

No, the media is almost everytime negative about bitcoin. The only 'insiders' you are talking about just cashed out. Some big fishes dumped their coins for fiat money. Thats my indicator for what the outcome of the COIN ETF will be.

we can interpret it any way we want. that supposition is just as valid as the other one. i'm just as clueless as i ever was despite reading all the theories.

[strawbs]

No, the media is almost everytime negative about bitcoin. The only 'insiders' you are talking about just cashed out. Some big fishes dumped their coins for fiat money. Thats my indicator for what the outcome of the COIN ETF will be.

If you think those sells a couple of hours ago were 'dumps' by 'big fishes' then you're clearly new around here.

[Chef Ramsay]

No, the media is almost everytime negative about bitcoin. The only 'insiders' you are talking about just cashed out. Some big fishes dumped their coins for fiat money. Thats my indicator for what the outcome of the COIN ETF will be.

If you think those sells a couple of hours ago were 'dumps' by 'big fishes' then you're clearly new around here.

Truer words were never spoken. That 'dump' wouldn't even qualify as a big fish farting.

[bitcoinvest]

No, the media is almost everytime negative about bitcoin. The only 'insiders' you are talking about just cashed out. Some big fishes dumped their coins for fiat money. Thats my indicator for what the outcome of the COIN ETF will be.

If you think those sells a couple of hours ago were 'dumps' by 'big fishes' then you're clearly new around here.

+1 one that ..

Not only new here but in general also...
If you ask someone that is part of this story you will have the answer that is simply nothing...and bounce back is already happening inside the weekend... this is the most important to understand

[Oblodo]

Fact:
Insiders (and therefore the media) *always* know the outcome of something ahead of the Average Joe public. This is how they cheat the system. So they would already know if the COIN ETF was disapproved.

Hypothesis:
So if they already know it is disapproved, why in the last 2 weeks have the media gone into overdrive with the "it's unlikely to get approved" and "low chance of approval" and all the "warnings" and "risks" articles? Wouldn't their behavior be quite the opposite? (meaning no effort need to be expended)

I.E., they wouldn't need to expend so much effort to dissuade the public away from Bitcoin, if the disapproval was already known to them. Correct??  

Paranoid and off your medication? No order, just chaos and coincidences. Read a bit about neuropsychology and stop with the conspiratory nonsense..

[r0ach]

Fact:
Insiders (and therefore the media) *always* know the outcome of something ahead of the Average Joe public. This is how they cheat the system. So they would already know if the COIN ETF was disapproved.

Hypothesis:
So if they already know it is disapproved, why in the last 2 weeks have the media gone into overdrive with the "it's unlikely to get approved" and "low chance of approval" and all the "warnings" and "risks" articles? Wouldn't their behavior be quite the opposite? (meaning no effort need to be expended)

I.E., they wouldn't need to expend so much effort to dissuade the public away from Bitcoin, if the disapproval was already known to them. Correct??  

Paranoid and off your medication? No order, just chaos and coincidences. Read a bit about neuropsychology and stop with the conspiratory nonsense..

Your response to him makes 0 sense because it's a fact just about everything is insider traded.  The media, especially CNBC, ALWAYS tells you to dump at the floor and buy at the top, like when they were spamming gold was a "barbarous relic" and then it skyrockets right after.  Whether his analysis is true or not is another thing entirely.  The banker shills floating around seem to actually want people to use bitcoin nowadays (because they know how easy it is to co-opt), with people like Ben Bernanke and David Cameron endorsing it, so there's no telling what effect things like that will have on ETF approval.

[yonton]

Insider here! ETF is approved and SEC will be announcing the approval March 13, Monday morning.

[K~Ehleyr]

Insider here! ETF is approved and SEC will be announcing the approval March 13, Monday morning.

Proof or STFU.

[r0ach]

Proof or STFU.

[cmacwiz]

I confirm yonton is an insider. He's the guy who's gonna stamp "approved" right on the Winkeltwin's foreheads.

Make sure your boosters are warmed, and your helmet is sealed to your space suit